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Accord Buy To Let cuts fixed rates by up to 0.30%

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Accord Buy To Let has reduced rates on its entire fixed rate range by up to 0.30 per cent and launched new remortgage options on three and five year fixes.

The new range includes a two-year fixed product at 1.94 per cent to 60 per cent LTV, with an £800 fee, free standard valuation and free legal fees.

The lender is also offering a three-year fixed product at 2.64 per cent at 65 per cent LTV with an £800 fee.

The mortgage comes with £500 cashback on completions for landlords looking to extend their portfolio, and free standard valuation and standard legal fees for remortgages.

A five-year remortgage deal is available at 3.09 per cent at 60 per cent LTV, with a £800 fee and a choice of free standard valuation and £300 cashback on completion, or free standard valuation and standard legal fees.

Accord Buy to Let commercial manager Chris Maggs says: “We always try to offer brokers and landlords a range of options and good, long-term value for money.

“Landlords are looking for security during this time of uncertainty, and we have reduced rates across our entire fixed range to ensure we are offering competitive options to suit all circumstances.

“We also hope the added incentives such as cashback on completion and free standard valuations will prove popular with brokers and landlords looking to get the most from a mortgage.”

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  • Anonymous 5th August 2016 at 10:52 am

    I seem to remember reading an article from an ‘expert’ who said lower base rates would not mean lower mortgage rates…. Cannot wait to read his next article.